A little over a week since the Small Business Administration (SBA) released a new list of Paycheck Protection Program Loan (PPP Loan) forgiveness frequently asked questions (FAQs), the SBA has made another announcement. Additional FAQs are now available concerning both PPP Loan forgiveness and Economic Injury Disaster Loans (EIDLs).
Here are some of the notable highlights from both documents:
PPP Loan Forgiveness
DGC has a proven process that utilizes our sophisticated model and incorporates our data analytics experience and accounting expertise to maximize PPP Loan forgiveness. If you have questions, please contact a member of your DGC client service team or George Shaw, CPA at 781-937-5125 / firstname.lastname@example.org or Kimberley Train, CPA, ABV at 781-937-5112 / email@example.com.
You can also visit DGC's coronavirus web page at dgccpa.com/coronavirus which is frequently updated with new resources to help you deal with the financial impact of the coronavirus on you and your business.